NEETU YOSHI IPO
NEETU YOSHI IPO is a fully book-built issue with a total IPO size of ₹77.04 crores. The total offering consists of 10,272,000 shares.
The dates for the NEETU YOSHI IPO are from June 27, 2025 to July 1, 2025.
The allotment process is expected to be finalized by July 2, 2025. The NEETU YOSHI IPO is scheduled to list on BSE SME, with a tentative listing date of July 4, 2025.
The price band for the NEETU YOSHI IPO is set at ₹71 to ₹75 per share.
Registrar for this IPO is Skyline Financial Services Private Limited and lead managers for NEETU YOSHI IPO are Horizon Management Private Limited.
If you're exploring investment opportunities, check out other upcoming IPOs in India and SME IPO listings.
IPO Schedule
| IPO Open Date | Friday, 27 Jun, 2025 |
|---|---|
| IPO Close Date | Tuesday, 01 Jul, 2025 |
| IPO Allotment Date | Wednesday, 02 Jul, 2025 |
| Refund Initiation | Thursday, 03 Jul, 2025 |
| Share credit in Demat | Thursday, 03 Jul, 2025 |
| Listing Date | Friday, 04 Jul, 2025 |
Key Details
| Price Band | ₹71 to ₹75 Per Share |
|---|---|
| Lot Size | 1600 Shares |
| Face Value | ₹5 Per Equity Share |
| Total Issue Size | 10,272,000 Shares |
| Fresh Issue | 10,272,000 Shares |
| Issue Type | Fresh Issue |
| Listing At | BSE SME |
Share Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB | 50% |
| Retail | 35% |
| NII/HNI | 15% |
Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | 120,000 |
| Retail (Max) | 1 | 1600 | 120,000 |
| S-HNI (Min) | 2 | 3200 | 240,000 |
| S-HNI (Max) | 8 | 12800 | 960,000 |
About Neetu Yoshi Limited Company
Indian Railways achieved record freight loading of 1512 MT in FY 2022-23, with a vision to reach 2024 MT by 2024. Modernization initiatives include commissioning 1544 km of railway lines in the North-eastern Region between 2014-22, a 190% increase over the previous period. Plans are underway to manufacture 400 new Vande Bharat trains in the next three years.
The Indian Railway Equipment Market, valued at USD 12.31 Billion in 2023, is projected to grow at a CAGR of 3.61%, driven by government modernization efforts. Key projects like the Dedicated Freight Corridor and High-Speed Rail Project aim to revolutionize transportation. Demand for advanced signalling, train control systems, and rolling stock is expected to surge, enhancing efficiency, reliability, and passenger safety through smart technologies like real-time monitoring and predictive maintenance.
Neetu Yoshi Ltd, an RDSO certified vendor, manufactures customized ferrous metallurgical products for Indian Railways, from 0.2 kg to 500 kg, with a manufacturing facility that had an installed capacity of 4,493 MTPA as of March 31, 2024, which has been expanded to 8,087 MTPA. Financials for FY24 show revenue from operations at ₹47.33 lakhs with an EBITDA margin of 36.05% and a PAT margin of 26.58%.
Neetu Yoshi Limited Financial Details
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 384.95 | 146.31 | 30.82 |
| Revenue | 473.34 | 162.31 | 45.89 |
| Profit After Tax | 125.82 | 4.23 | 0.70 |
| Net Worth | 197.94 | 55.75 | 26.94 |
| Reserves and Surplus | 158.60 | 32.91 | 25.54 |
| Total Borrowing | 173.89 | 82.54 | 0.00 |
₹ In Crore
Key Performance Indicator
| Basic EPS (in ₹) | Return on Net Worth (RoNW) | Net Asset Value (NAV) | Debt-Equity Ratio | Return on Equity (ROE) | Return on Capital Employed (ROCE) |
|---|---|---|---|---|---|
| 7.40 | 99.20% | 7.29 | - | NA | 43.74% |
Offer Objectives
The company plans to utilize net proceeds from the Issue for two primary objectives.
1. Setting up of new manufacturing facility: The company intends to expand its manufacturing capabilities in the railway industry by manufacturing complete boggies and couplers for high-speed trains for Indian railways. The Company will invest ₹ 50.74 crore from Net Proceeds, including ₹ 10.66 crore for civil and structural work and ₹ 40.08 crore for purchasing plant and machinery. The new facility will be located at Village - 241 Bhailamau, Tehsil Kanpur Sadar, district Kanpur Nagar, Uttar Pradesh.
Estimated civil and structural costs include:
- Earthwork in excavation (₹ 3.31 lakhs)
- Cement concrete laying (₹ 16.12 lakhs, ₹ 105.07 lakhs, ₹ 25.62 lakhs)
- Reinforced cement concrete work (₹ 22.72 lakhs)
- Centering and shuttering (₹ 3.21 lakhs, ₹ 12.46 lakhs, ₹ 12.06 lakhs)
- Steel reinforcement (₹ 105.07 lakhs)
- Brick work (₹ 11.07 lakhs, ₹ 42.13 lakhs, ₹ 36.31 lakhs)
- Flooring and plastering work (₹ 69.41 lakhs, ₹ 17.49 lakhs, ₹ 11.99 lakhs, ₹ 21.10 lakhs)
- Finishing walls (₹ 15.39 lakhs)
- Providing wood work (₹ 6.73 lakhs, ₹ 11.42 lakhs, ₹ 0.65 lakhs, ₹ 0.41 lakhs, ₹ 0.43 lakhs, ₹ 0.36 lakhs, ₹ 0.15 lakhs, ₹ 0.04 lakhs, ₹ 0.25 lakhs, ₹ 0.61 lakhs, ₹ 0.45 lakhs, ₹ 0.06 lakhs)
- Painting wood work (₹ 2.62 lakhs)
- Structural steel work (₹ 125.51 lakhs)
2. General corporate purposes: A portion of the net proceeds will be allocated to general corporate activities.
Company Details
Address:
2/155, Jakhan, Rajpur Road, Dehradun, Dehradun, Uttarakhand - 248001, India
Phone: 9258199664
Email: [email protected]
Website: http://www.neetuyoshi.com
IPO Registrar Details
Skyline Financial Services Private Limited
Phone: +91 11 40450193 -97
Email: [email protected]
Website: http://www.skylinerta.com
Offer Prospectus & Documents
Lead Managers
- Horizon Management Private Limited
